Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
After finishing at $53.45 in the prior trading day, Lumentum Holdings Inc (NASDAQ: LITE) closed at $49.56, down -7.28%. In other words, the price has decreased by -$7.28 from its previous closing price. On the day, 5.87 million shares were traded. LITE stock price reached its highest trading level at $51.72 during the session, while it also had its lowest trading level at $45.66.
Ratios:
Our goal is to gain a better understanding of LITE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 4.76. In the meantime, Its Debt-to-Equity ratio is 2.99 whereas as Long-Term Debt/Eq ratio is at 2.97.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on March 24, 2025, Upgraded its rating to Strong Buy and sets its target price to $82 from $96 previously.
On March 11, 2025, Exane BNP Paribas Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $92.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 18 ’25 when Ali Wajid sold 2,172 shares for $78.34 per share. The transaction valued at 170,161 led to the insider holds 51,976 shares of the business.
WAJID ALI bought 2,172 shares of LITE for $170,161 on Feb 18 ’25. On Jan 22 ’25, another insider, VINCENT D RETORT, who serves as the Officer of the company, bought 35,153 shares for $99.49 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LITE now has a Market Capitalization of 3429552128 and an Enterprise Value of 5141151744. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.43 while its Price-to-Book (P/B) ratio in mrq is 3.93. Its current Enterprise Value per Revenue stands at 3.636 whereas that against EBITDA is -100.807.
Stock Price History:
The Beta on a monthly basis for LITE is 1.21, which has changed by 0.07997382 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, LITE has reached a high of $104.00, while it has fallen to a 52-week low of $38.28. The 50-Day Moving Average of the stock is -30.99%, while the 200-Day Moving Average is calculated to be -27.62%.
Shares Statistics:
The stock has traded on average 2.66M shares per day over the past 3-months and 3070880 shares per day over the last 10 days, according to various share statistics. A total of 69.10M shares are outstanding, with a floating share count of 66.18M. Insiders hold about 4.37% of the company’s shares, while institutions hold 112.05% stake in the company. Shares short for LITE as of 1741910400 were 10405780 with a Short Ratio of 3.90, compared to 1739491200 on 10224444. Therefore, it implies a Short% of Shares Outstanding of 10405780 and a Short% of Float of 20.1.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
